Lifelong Wealth Advisors Inc. Purchases Shares of 10,839 ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Lifelong Wealth Advisors Inc. purchased a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 10,839 shares of the company’s stock, valued at approximately $402,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ARKF. International Assets Investment Management LLC acquired a new stake in shares of ARK Fintech Innovation ETF during the 4th quarter worth approximately $309,000. Wealthcare Advisory Partners LLC acquired a new stake in ARK Fintech Innovation ETF during the 4th quarter worth $282,000. Janney Montgomery Scott LLC bought a new stake in shares of ARK Fintech Innovation ETF during the 4th quarter valued at $203,000. United Asset Strategies Inc. lifted its stake in shares of ARK Fintech Innovation ETF by 3.9% in the 4th quarter. United Asset Strategies Inc. now owns 35,702 shares of the company’s stock valued at $1,323,000 after purchasing an additional 1,346 shares during the period. Finally, Perigon Wealth Management LLC bought a new position in shares of ARK Fintech Innovation ETF in the 4th quarter worth $240,000.

ARK Fintech Innovation ETF Trading Up 0.8 %

NYSEARCA ARKF opened at $33.00 on Wednesday. ARK Fintech Innovation ETF has a 12 month low of $22.85 and a 12 month high of $44.72. The stock has a 50-day simple moving average of $36.32 and a 200 day simple moving average of $36.55. The company has a market capitalization of $859.65 million, a PE ratio of 27.28 and a beta of 1.89.

ARK Fintech Innovation ETF Profile

The ARK Fintech Innovation ETF (ARKF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of stocks related to financial technology innovation. ARKF was launched on Feb 4, 2019 and is managed by ARK.